Firsts Home

Equity & Derivatives Companies, sectors, M&A and the financial industry
Reuters details Citi problems in sale of credit card portfolio 06.10.2010 Reuters was alone in detailing Citi’s problems in finding buyers for its $50 billion portfolio of credit card loans. Reuters made an assessment of the market conditions for the deal, buyer appetite, and the underlying problems with store cards. Bloomberg carried our story as one of its “Top Stories from the Web” the day it appeared and the following day. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

Reuters details Citi problems in sale of credit card portfolio

06.10.2010

Reuters was alone in detailing Citi’s problems in finding buyers for its $50 billion portfolio of credit card loans. Reuters made an assessment of the market conditions for the deal, buyer appetite, and the underlying problems with store cards. Bloomberg carried our story as one of its “Top Stories from the Web” the day it appeared and the following day.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here